Analysts Are Updating Their AQ Group AB (publ) (STO:AQ) Estimates After Its Second-Quarter Results
AQ Group AB (publ) (STO:AQ) investors will be delighted, with the company turning in some strong numbers with its latest results. The company beat expectations with revenues of kr2.6b arriving 3.0% ahead of forecasts. Statutory earnings per share (EPS) were kr2.20, 4.3% ahead of estimates. The analysts typically update their forecasts at each earnings report, and we can judge from their estimates whether their view of the company has changed or if there are any new concerns to be aware of. Readers will be glad to know we've aggregated the latest statutory forecasts to see whether the analysts have changed their mind on AQ Group after the latest results.
Taking into account the latest results, the most recent consensus for AQ Group from three analysts is for revenues of kr9.84b in 2026. If met, it would imply a modest 4.9% increase on its revenue over the past 12 months. Per-share earnings are expected to rise 8.4% to kr8.31. Before this earnings report, the analysts had been forecasting revenues of kr9.68b and earnings per share (EPS) of kr8.15 in 2026. The consensus analysts don't seem to have seen anything in these results that would have changed their view on the business, given there's been no major change to their estimates.
Check out our latest analysis for AQ Group
The analysts reconfirmed their price target of kr218, showing that the business is executing well and in line with expectations. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. There are some variant perceptions on AQ Group, with the most bullish analyst valuing it at kr220 and the most bearish at kr215 per share. The narrow spread of estimates could suggest that the business' future is relatively easy to value, or thatthe analysts have a strong view on its prospects.
Looking at the bigger picture now, one of the ways we can make sense of these forecasts is to see how they measure up against both past performance and industry growth estimates. The period to the end of 2026 brings more of the same, according to the analysts, with revenue forecast to display 10% growth on an annualised basis. That is in line with its 11% annual growth over the past five years. Compare this with the broader industry, which analyst estimates (in aggregate) suggest will see revenues grow 9.0% annually. It's clear that while AQ Group's revenue growth is expected to continue on its current trajectory, it's only expected to grow in line with the industry itself.
The Bottom Line
The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. The consensus price target held steady at kr218, with the latest estimates not enough to have an impact on their price targets.
Keeping that in mind, we still think that the longer term trajectory of the business is much more important for investors to consider. We have estimates - from multiple AQ Group analysts - going out to 2028, and you can see them free on our platform here.
We also provide an overview of the AQ Group Board and CEO remuneration and length of tenure at the company, and whether insiders have been buying the stock, here.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.